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Energy Fuels Resources (USA) Inc. <br />225 Union Blvd. Suite 600 <br />Lakewood, CO, US, 80228 <br />F VERGYFUELS 303 974 2140 <br />www.energyfuels.com <br />/ <br />November 15, 2013 <br />Loretta Pineda <br />Director <br />.-Colorado Division of Reclamation, Mining, and Safety <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 <br />Re: Temporary Cessation of the Van 4 Mine Operations, Permit No. M -190-032 <br />Ms. Pineda: <br />Energy Fuels Resources (USA) Inc. ( "EFRI ") would like to request that the Colorado Division of <br />Reclamation and Mining Safety ( "DRMS ") change the status of the Van 4 Mine (the "Mine ") <br />from active to temporary cessation. EFRI is sending this notice in accordance with the Colorado <br />Hard Rock/Metal Mining Rule 1, Section 1.13.5. <br />EFRI placed the Mine under temporary cessation status on June 13, 2012 after completing <br />construction of the Mine's stormwater controls in accordance with Sections 9.0 through 9.3 of <br />the Mine's Environmental Protection Plan. The temporary shutdown is due to the current low <br />price of uranium on the spot market. Mining activities are expected to recommence when market <br />conditions are more favorable. In the meantime, the Mine facilities will be maintained in good <br />condition to allow for a smooth restart of mine operations. <br />The buildings at the Mine have been locked, and the shaft has been temporarily sealed and is <br />secure. Trash, debris, fuel, and equipment have all been removed. The Mine will continue to be <br />inspected and kept in stable condition during the temporary cessation period. Any items noted in <br />the inspections, such as erosion control or weed spraying will continue to be conducted during <br />the temporary cessation period. <br />Included with this letter is the Temporary Cessation Notice form and associated fee. Please <br />contact me at 303 - 389 -4167 or at jmassey @energyfuels.com should you have any questions or <br />require additional information. <br />Sincerely, <br />Energy Fuels Resources (USA) Inc. <br />Jaime Massey <br />Regulatory Compliance Specialist <br />cc: Bob Oswald (DRMS) <br />Robert Ernst (Geologist — Bureau of Land Management, Uncompahgre Field Office) <br />Harold R. Roberts, Frank Filas (Energy Fuels) <br />